Hello Friends I recently received an email that the Cyber Syndicate IP is fully sold out. I thought that we can add the brand in the Sandbox DAO assets and that’s why I’m starting this thread.
I don’t have any connection with IP. Will it help the DAO? What benefit or not benefit us? What should be the value of IP if we want to add it to DAO? I hope you can answer these questions.
Yes, I fully support. I think if Cyber Syndicate is looking to sell its IP, the DAO is in a good place to pick it up. I’d be willing to make the introduction, I worked a bit with Ajo from Cyber Syndicate during builders challenge 1 last year.
It could be our trial run managing our first thing as a DAO community.
Thank you @Biversen and @Lanzer for the support! I unfortunately haven’t had the resources and bandwidth to continue on with the IP and believe there would be no better answer than for the IP being owned by the DAO itself. This includes ALL assets listed above in the post.
I spent about 200k of my own funds building all the assets, contract development, and marketing etc for the IP, I am not a developer myself so i contracted those with the skills. I would be fine to recover a small fraction of that (10-15%) as long as the IP is in good hands.
Perhaps the DAO can find ways to utilize and monetize the IP. Please let me know your thoughts and if you have any questions, and if you think this is a beneficial idea than please vote it up!
I have difficulty to see what would be the benefit for the DAO to own this IP. In the past the DAO was relectant to fund single experience and I still have the impression that we are looking for SIP to be funded that have impact overall to the ecosystem.
Lands have no value atm and we have 300 in stock. Avatars collection seems to be sold out (none in stock). Experience will need to be maintained by someone.
They’ve been around for awhile, I think 3 years or so. I remember playing CyberSyndicate’s experience a couple years ago. It’s just a well-built IP with a solid community behind it.
I enjoyed playing their experience so much I teamed up with them last year during BC1. Hadn’t heard much since, and looks like now they’re interested in letting the DAO acquire them for an affordable price.
I think we should put an offer in.
Once we get it, what would we do with it? Maybe we put out an RFP with a $10K or $20K to infuse CyberSyndicate with DAO-friendly stuff, and then we can link CyberSyndicate to DAO Educational Experience and visa versa.
We could have the very own DAO network of experiences to promote participating, voting, delegating, and SIP writing. DAO Educational is more an orientation place, CyberSyndicate can be a fun DAO RPG event.
1 - To make an offer at that level, there should be recent activity. If it’s an abandoned project, I can see the value in buying it cheaply and reviving it, otherwise it doesn’t make much sense. Unless there’s a real story behind this account, in which case I’d need some clarification.
2 - To buy an IP for a DAO, you first need to have a true DAO mindset and be able to involve everyone. If it’s just 2 or 3 people monopolizing the project, it defeats the purpose of the DAO.
3 - (But the same problem as point 2) We could very well launch an IP DAO ourselves. We have the skills and talent, but it requires the right mindset — a genuine will to participate and get others involved.
I don’t recall their story, maybe @Ajo can chime in. I have heard it before and seen the community’s involvement with each other.
I fully agree. I take no offense whatsoever if you’re referring to me in any way. I don’t want to monopolize anything. I’d be more than happy to step aside and no submit anything for the CyberSyndicate RFP.
I think we definitely have the right mindset. And if we were to put in an offer and put out an RFP to retrofit it with DAO material, I think that would be really valuable to reaching SandFam players in-game.
I understand why you might have asked yourself that question, but that’s a reflection each person must make for themselves.
I’ve always appreciated your involvement, and I don’t claim to know anyone’s deeper intentions. If you felt concerned, that’s something personal to consider. My intention was not to single anyone out, but rather to highlight certain behaviors that can arise in these kinds of situations.
The goal is to ensure we can all move forward with transparency, without anyone feeling the need to justify themselves if they are aligned with that vision.
This is an essential aspect when considering an acquisition for the DAO.
Without a strong cooperative mindset, any success will be short-lived and fragile. Lasting impact is built when everyone feels responsible and aligned with a shared vision.
But it’s more than just words — it’s a way of life.
@sebga Just wanted to chime in here, I founded the Cyber Syndicate IP
I appreciate everyone taking the time to consider this proposal! The theme of the IP is based off of cyber punk which I’m a big fan of. I came into the sandbox with great excitement but not having any personal developer experience, I was just in love with the sandbox vision and as a land owner had attended some sandbox events in NYC which i was super impressed with.
I invested quite a lot of my personal funds into creating the assets in the XP, and also in the collection of 2,222 avatars, the smart contracts, staff, and marketing which was quite a big expense. In all I invested about 200K. So on the topic of starting from scratch to build a DAO IP versus starting with Cyber Syndicate, i think it makes more sense to build off an IP which already has a lot invested into it and has a good foundation. There are not many sandbox IPs I can think of that have as many followers on X, and there are so many cool assets and an XP built already!
I sadly have not given much personal attention to the project recently, as I have been busy with my other ventures. But i have actively been seeking out someone in the sandbox realm to take over the project, but those I’ve spoken with always seem to end up backing out on the idea. There was a verbal agreement with Smobler in place which i was very excited about, but after several months they told me they would not proceed since they are not focusing as heavily on gaming any more right now. I do not want to waste a great IP, but do not have the resources and bandwidth to continue investing in it myself. I also tried very hard to raise funds to continue pushing the IP forward and growing it, even joining accelerators and speaking to investors about it, but in the end was not successful.
I believe the best solution would be for the sandbox community itself to take over the IP, as I believe that is where it can really flourish and get the love it deserves from passionate members of the DAO.
I believe the best solution would be for the sandbox community itself to take over the IP, as I believe that is where it can really flourish and get the love it deserves from passionate members of the DAO.
Thank you very much for sharing these details. I understand your approach and honestly, I think your reasoning is solid.
You mentioned investing 200K to launch the avatar collection. Honestly, that sounds like a huge amount, and without being judgmental, I get the feeling you might not have been given the best advice at the time. But in the end, it was your choice and your commitment, and I fully respect that.
However, such a significant personal investment, while admirable, isn’t in itself a strong enough argument for the DAO to consider purchasing the IP. It’s not a matter of quality or dedication, but more about alignment with the DAO’s current needs and philosophy.
I sincerely hope your IP has already brought you returns through initiatives like the Builder Challenge, which might have helped to recover some of that initial investment.
That said, I believe a DAO buyout would only make sense at a purely symbolic price—not at a figure like the proposed 10K. Moreover, from my perspective, the project is currently lacking the collaborative and community-driven spirit, which is essential to the DAO’s vision.
I want to say that I have a lot of respect for your work, and in general for everyone who takes initiatives and puts themselves out there. I’m sorry if what I’m saying isn’t what you want to hear, but I’m not here to play politics — I speak as an artist and a builder.
Maybe my honesty will cost me, and maybe some people will dislike me for not supporting certain ideas.
Yes, it’s a huge risk to speak openly, to expose yourself like this without expecting anything in return, knowing that tomorrow I might need your support.
Maybe, in the end, it would be smarter to act out of self-interest rather than integrity.
After all, this world seems to run on selfishness as its main fuel. I hate that, but it seems to be the path most people are choosing.
I don’t know -should I support the proposal just to stay in good terms, or should I stay critical and realistic in an attempt to build something healthy and efficient?
Hi Sebga - as an observer of DAO + builder at Sandbox. I truly appreciate your genuine take on the proposal without thinking too much. We need such transparent and honest individuals at DAO. This is in fact in the true spirit of a DAO without taking sides, and supporting ideas/proposals for what they are.
Also, as a DAO member, I am against the idea of owning assets as a DAO without having a dedicated paid team to manage those assets whose only job is to generate return on those assets. Doing one event here, one thing there with no clear direction which is itself a function of a dedicated team + leader will do no good.
DAO owns the token + land - and our only job should be to focus on doing work that will increase the value of these assets for its members.
Owning IPs is definitely a good bet but it should have a dedicated team or an IP which has real world value outside of Sandbox ecosystem. The value of this IP is already priced in into the SAND token price.
We can do what Pudgy Penguins did, but it needs a solid execution team. Ideas are dozens a dime; same goes for 90% IPs.
Thank you very much for your message. I think the approach you’re suggesting is a good one. Creating momentum and maintaining direction and consistency is important for the life of an IP. Without that, it’s just an acquisition without a purpose.
